The Central Bank of Nigeria (CBN) yesterday unified all exchange rates within the economy into the Investors and Exporters (I&E) window.
In a circular to authorized dealers signed by CBN Director, Financial Markets, Angela Sere-Ejembi, the regulator said all exchange rate segmentation is “abolished with immediate effect”.
The CBN said all segments of the foreign exchange market are now collapsed into the I&E window.
On the show today, we had Taiwo Oyedele, Fiscal Policy Partner and Africa Tax Leader, PWc speak on the implication of this policy.
#nollywood #naijaentertainmentnews #CBN #cbngovernor #cbnnews #dollars #naira #foreignexchange #foreignexchangemarket #dollarmarket
#NigerianCelebs #NollywoodGist #AfrobeatMusic #AfricanEntertainment #NigerianMusicIndustry #NaijaMovieIndustry #NaijaCelebrities #NaijaEntertainmentTV
#NigerianEntertainmentIndustry #NaijaShowbiz
